Banker's acceptances are used to finance international trade.

Name: Banker's acceptances are used to finance international trade.
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Banker's acceptances are a type of payment method used in international trade transactions, where a bank guarantees payment to the seller on behalf of the buyer. This can provide assurance to both parties and can also be used as a form of financing where the seller can sell the banker's acceptance to a third-party at a discount to receive immediate payment.

Banker's Acceptances Are Used to Finance International Trade